Suspense Crime Sach Ka Dam
The domestic stock market was seen in a panic on Thursday. At the end of the trading session, the benchmark Sensex of the Bombay Stock Exchange (BSE) closed at 79,218.05, down 964.15 points. Similarly, the Nifty of the National Stock Exchange (NSE) also closed at 23951.70, down 247.15 points. The US Federal Reserve implemented a 0.25 percent interest rate cut overnight (Indian time), but its estimate of a cut of only two quarter points in 2025 was less than the three or four cuts expected by the markets. This affected the market and FIIs sold heavily in the Indian stock market. This led to a huge decline in the market. Investors lost ₹ 3.7 lakh crore in today’s trading.
Heavy decline in all sectors except pharma
According to the news, during today’s trading, all sectors except pharma ended the session with a huge decline. The biggest decline was seen in Nifty IT, Nifty Auto and Bank Nifty. They fell by about 2 percent. Asian Paints, Bajaj Finance and Bajaj Finserv were among the biggest losers on Sensex and Nifty, while Dr Reddy’s, Sun Pharma and Cipla were the best performing stocks.
The Indian stock market fell for the fourth consecutive session on Thursday, with the Sensex falling nearly 1,200 points at one point and the Nifty falling to the level of 23,870. This decline came after the US Fed indicated that the pace of future interest rate cuts may be slow. The Sensex has fallen by 3.5 percent in the last four sessions. Apart from this, the Nifty 50 has also declined by 3.3 percent.
Rupee at record low level
The Indian rupee hit a historic low of 85.3 per dollar on Thursday, hurting market sentiment. A weak rupee discourages foreign investors from investing in the Indian market. It reduces their profits when they convert it back to their domestic currencies, leading to outflows of foreign capital and putting further pressure on the markets.
